Almost a third of Russians (32.3%) surveyed need a loan. Of these, 9.7% said they “really need a loan” and 22.6% said they “need a loan but it is not urgent.” These are the results of a survey conducted by the online financial platform Webbankir (available from socialbites.ca).
At the same time, only 6.5% of respondents said they would definitely take out a loan in the near future. 14.8% accept this possibility, and 15.5% would accept it if interest rates dropped. The remaining 63.2% do not plan to take out a loan in the near future.
The vast majority of respondents (61.9%) indicated that interest rates influence their decision to apply for a loan. For 33.5%, the amount of the approved loan is important, and for 25.8%, the ability to receive money remotely. The ease of collecting documents and the existence of a grace period are important for 21.9% and 19.4% of respondents, respectively.
Among the most popular lending purposes, Russians most often listed buying a home (26.5% of respondents), treatment (15.5%), purchasing equipment and electronics (14.3%), renovating a house or apartment (13.5%), and buying a car (12.9%). Among other options, respondents indicated rest and vacation (9.7% of respondents), education (7.7%), and repayment of other loan debts (5.8%).
The survey was conducted in August 2024 among 1.6 thousand Russians aged 18 to 65, and there was variability in the responses.
Russians before It has been said Why isn’t your credit history improving?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.